Business interruption Archives - Advent Valuation Advisors Business Valuation | Forensic Accounting | Litigation Support Fri, 08 Mar 2024 19:48:40 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.1 https://adventvalue.com/wp-content/uploads/2018/04/cropped-advent-icon-32x32.png Business interruption Archives - Advent Valuation Advisors 32 32 First Round Goes to Insurers in COVID-19 Court Fight https://adventvalue.com/first-round-goes-to-insurers-in-covid-19-court-fight/ Thu, 30 Jul 2020 14:03:15 +0000 https://adventvalue.com/?p=2458 An insurer scored a significant win in what is believed to be the first court decision involving a COVID-19-related business interruption claim.  On July 1, 2020, 30th Circuit Judge Joyce Draganchuk in Ingham County, Michigan, dismissed a lawsuit by the owner of two restaurants in Lansing Michigan, siding with the insurer’s decision to deny a […]

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]]> NY May Force Insurers to Pay Business Interruption Claims https://adventvalue.com/could-albany-force-insurers-to-pay-covid-19-business-interruption-claims/ Wed, 15 Apr 2020 20:44:20 +0000 https://adventvalue.com/?p=2415 It may be worthwhile to file a claim for coronavirus-related losses under your company’s business interruption insurance policy, even if the policy specifically excludes coverage for losses related to virus outbreaks. A bill introduced in the New York State Assembly would require policies that include business interruption insurance to cover interruption claims incurred during the […]

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]]> Are Your Company’s COVID-19 Losses Covered? https://adventvalue.com/are-your-companys-covid-19-losses-covered/ Tue, 24 Mar 2020 14:51:13 +0000 https://adventvalue.com/?p=2356 The restrictions put in place to stop the spread of COVID-19 – such as limiting crowd size, closing restaurants and bars and canceling sporting events – are critically stressing many businesses. One possible form of relief to this financial crisis is insurance coverage, including business interruption and contingent business interruption coverage. Business interruption insurance (also […]

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